FinanceVCCircleabout 3 hours ago
Warburg Pincus Buys Stake in Pricol Auto Tech
2 min read
Private equity firm Warburg Pincus agreed to acquire a 38.51% stake in Pricol Autotech Ltd for Rs 1,633.07 crore, roughly $176 million. The deal involves the demerger of Pricol's driver information and connected vehicle solutions business, which generated nearly Rs 2,400 crore in revenue during FY26.
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